Equity Office Declares Second Quarter Series B Preferred Dividend

Apr 13, 2001, 01:00 ET from Equity Office Properties Trust

    CHICAGO, April 13 /PRNewswire/ -- Equity Office Properties Trust
 (NYSE:   EOP) today announced that its Board of Trustees declared the second
 quarter dividend for EOP's series B preferred shares of beneficial interest.
     The 5.25% Series B Convertible, Cumulative Preferred share of beneficial
 interest dividend of $0.65625 per share will be paid on Tuesday, May 15, 2001
 to shareholders of record on Tuesday, May 1, 2001.
     Equity Office Properties Trust (NYSE:   EOP) is the nation's largest
 publicly held office building owner and manager with a portfolio of 380
 buildings comprising 98.9 million square feet in 24 states and the District of
 Columbia.  Equity Office has an ownership presence in 37 Metropolitan
 Statistical Areas (MSAs) and in 103 submarkets, enabling it to provide a wide
 range of office solutions for local, regional and national customers.  On
 February 23, 2001, Equity Office announced a merger agreement, subject to
 shareholder approval, with Spieker Properties, Inc., a publicly traded real
 estate company.  At the time of the announcement, Spieker owned and operated
 approximately 38 million square feet of commercial real estate space, 25
 million square feet of which was office space, in California and the Pacific
 Northwest.  Equity Office currently expects the transaction to close in second
 quarter 2001, subject to its approval by Equity Office and Spieker
 shareholders.  For more information about Equity Office please visit the
 company's website at www.equityoffice.com .
 
 

SOURCE Equity Office Properties Trust
    CHICAGO, April 13 /PRNewswire/ -- Equity Office Properties Trust
 (NYSE:   EOP) today announced that its Board of Trustees declared the second
 quarter dividend for EOP's series B preferred shares of beneficial interest.
     The 5.25% Series B Convertible, Cumulative Preferred share of beneficial
 interest dividend of $0.65625 per share will be paid on Tuesday, May 15, 2001
 to shareholders of record on Tuesday, May 1, 2001.
     Equity Office Properties Trust (NYSE:   EOP) is the nation's largest
 publicly held office building owner and manager with a portfolio of 380
 buildings comprising 98.9 million square feet in 24 states and the District of
 Columbia.  Equity Office has an ownership presence in 37 Metropolitan
 Statistical Areas (MSAs) and in 103 submarkets, enabling it to provide a wide
 range of office solutions for local, regional and national customers.  On
 February 23, 2001, Equity Office announced a merger agreement, subject to
 shareholder approval, with Spieker Properties, Inc., a publicly traded real
 estate company.  At the time of the announcement, Spieker owned and operated
 approximately 38 million square feet of commercial real estate space, 25
 million square feet of which was office space, in California and the Pacific
 Northwest.  Equity Office currently expects the transaction to close in second
 quarter 2001, subject to its approval by Equity Office and Spieker
 shareholders.  For more information about Equity Office please visit the
 company's website at www.equityoffice.com .
 
 SOURCE  Equity Office Properties Trust